President Eisenhower Heart Attack Triggers Market Selloff
NY stocks fell sharply in the first hour after news of President Eisenhower's heart attack. A late rally reduced losses in some sectors, but renewed selling pushed many issues to new lows and broad declines hit motors and rails, with the Associated Press index at an all time high earlier in the day.
MENTIONED IN THIS ARTICLE
New York
Eisenhower
U.S. Steel
General Motors
Chrysler
Sears Roebuck
General Dynamics
Radio Corp
American Telephone
Magma Copper
Monsanto Chemical
Santa Fe Railroad
Northern Pacific
Standard Oil (Nj
Royal Dutch Petroleum
Bethlehem
Eastern Airlines
Associated Press
New York Stocks Mixed After Noon Trading Session
A fragmented list shows Admiral Corporation, Alleghany, Allied Chemical, and numerous others with varied percentages. The report notes approximate 1 p.m. sales totals around 4,430,000 with broad fluctuations across industries including steel, oil, aviation, and consumer goods.
MENTIONED IN THIS ARTICLE
New York
Admiral Corporation
Alleghany Corporation
Allied Chemical & Dye Eeeee
Allis Chalmers Mfg
Escess
American Coat Sakis
American Smelt & Refee Atlantic Refiner
Avco Manufacturing
Esess
Baltimore & Ohio
Bendix Aviation
Bethlehem
Dow Chemical
Eastern Air
Eastman Kodak
Firestone
Ecceses
General Electric
Goodyear Rubber
Illinois Central
Nickel Can
Tel & Tel
Kroger Company
Libby Owen Ford
Lockheed Aircraft
Loews Theaters
Lorillard & Company
Montgomery Ward
National Biscuit
National Cash Registe
National Dairy Produc National Distillers
New York Central
Norfolk & West
North American
Avi Northern Pacific
Ohio Oil Company
Pacific Gas & Elec
Pennsylvania RR
Philco Corporation
Phillips Petroleum
Pittsburgh
Pullman Ompany
Pure Oil
Radio Corporation Ee
Republic Steel
Reynolds
Seaboard
al RR
Sears Roebuck
Southern Pacific
Standard Brands
Calif
Standard Oil
Ind
West Maryland
Eeccsceneeeces
Western Union
Westinghouse Elec Assossesses
Woolworth & Co
Inauguration Ceremonies Set for Newberry College
Newberry College prepares to inaugurate Christopher A Kaufmann as the 10th president. The ceremony at the college gym starts at 10:30 a.m with H Odelle Harman presiding. Rev Gould Wickey of the United Lutheran Church will address attendees at a luncheon following the event.
MENTIONED IN THIS ARTICLE
Newberry
S.C
Christopher A. Kaufmann
Newberry College
H. Odelle Harman
Pr. Gould Wickey
Board of Higher Education
The
United Lutheran Church In America
Weekend Accidents Involving Five Crashes Injure Two In High Point
Five weekend accidents in High Point left two people injured and nearly $3,000 in vehicle damage. Individuals named include Howard Spencer 40 Becky Shaver 16 Bobby R Nelson 19 and D B Leahy. Police noted charges for speeding reckless driving and stop sign violations among the cases. The incidents occurred on Arm Road Centennial Avenue West Lexington Avenue Palatka Street Mangum Avenue Lake Street and Washington Street.
MENTIONED IN THIS ARTICLE
High Point
State Highway Patrol
Howard Spencer
Beddington
Spencer
Becky Shaver
1900 Guyer Sr
Centennial Ave
Bobby R. Nelson
Homestead Ave
Knoxville, Tenn
Lexington Ave
Palatka St
D. B. Leahy
Knoxville
Bennie Lou Ridge
Barker St
Leahy
Mangum Ave
Lake St
T. B. Hunt
Blair St
Amos W. Fulp
Valley Ridge Dr
Traffic Club Sets Tuesday Night Session
The High Point Traffic and Transportation Club hosts a Tuesday evening barbecue at 6 p.m. at the Greensboro Police Clubhouse with about 200 members and guests from High Point Greensboro Winston-Salem and beyond including Atlanta and Philadelphia. T. C. Kirkman reports on the recent 32nd annual meeting in Cleveland with 1200 delegates. Local event is informal and open to members and visitors.
MENTIONED IN THIS ARTICLE
High Point Traffic and Transportation Club
Greensboro
High Point
Winston-Salem
Atlanta
Philadelphia
Cleveland
Ohio
Associated Traffic Clubs of America
T. C. Kirkman
High Point Club
Harold Stassen
South Expands Textile Industry
Charlotte reports the South has spent $57 a second over ten years to expand and modernize its textile sector. The Southern Textile News says more than 18 billion dollars have been invested since World War II, with forecasts of continued growth. Dr. Frank J. Soday of Decatur Alabama cites plans for multimillion-dollar plants to manufacture products not yet present.
MENTIONED IN THIS ARTICLE
Charlotte
South
Southern Textile News
Textile South
Frank J. Soday
Decatur
Ala
The
Southern Assn. of Science and Industry
President Suffers Mild to Moderate Heart Condition
The article notes the President was first described as having a mild coronary thrombosis, a clot in arteries feeding the heart. The term shifted to moderate after examination by Dr White and another leading heart specialist who flew in from the East.
MENTIONED IN THIS ARTICLE
White
Picket Line At Steel Plant Withdrawn In Alabama
BESSEMER Alabama the family picket line that halted operations at a Pullman-Standard car plant and idled 900 workers has ended. E L McClain aged 31 a discharged guard said the dispute would be settled through CIO United Steelworkers regular grievance channels. His family including his 25 year old wife and two children aided the line which shut the plant Wednesday and closed it Thursday. McClain said he was fired after a fight with another worker three weeks ago.
MENTIONED IN THIS ARTICLE
Bessemer
Ala
E. L. McClain
Pullman-Standard Car Manufacturing Co
CIO
United Steelworkers
McClain
Foster Retires From Heritage Plant After Nine Years
Arthur Foster 66 retires from Heritage where he worked as a sweeper for nine years. A lifelong resident since 1921 he plans to stay in the city. Born in Lancaster South Carolina he has one daughter two sisters and three grandchildren. His retirement benefits total 2300 dollars under Heritage's plan.
MENTIONED IN THIS ARTICLE
Arthur Foster
Heritage
Foster
Lancaster
S. C
LILLINGTON Editor Dies of Heart Attack on Golf Course
Frank Steele 46 co publisher of the Harnett County News died of a heart attack while playing golf. A Columbia S C native, he previously supervised the State Print Shop in Raleigh before joining his father Henderson L Steele as co publisher.
MENTIONED IN THIS ARTICLE
Lillington
N.C
Frank) Steele
Harnett County
Steele
Columbia
S.C
Raleigh
The
News
Henderson L. Steele
Ten Die Violently In North Carolina Over Weekend
The Associated Press reports at least ten deaths from violence across North Carolina over the weekend. Victims include Mrs. Tassie J. Long in a Greensboro two car crash and Melvin E. Dennard shot in a Winston Salem cafe.
MENTIONED IN THIS ARTICLE
Associated Press
North Carolina
Tassie J. Long
Rocky Mount
Greensboro
Melvin E. Dennard
Burlington
Winston-Salem
Ralph M. Elkins
Newton
John Stewart
Guy Vernon Wilson
Stewart
William
Raleigh
Leslie Freeman Gilliam
Louisburg
Maxton
Dannie Mae Locklear
Red Springs
Charlie Miller
Allentown
Cleveland County Fairgrounds
Fayetteville
Charles Ester King
Taylorsville
Hardy Cleveland Brantley
Washington, D.C
Middlesex
Nash County
Carolina Coach Workers Vote On New Contract
Union officials tabulated the votes of about 306 drivers of the Carolina Coach Co to accept the offer or strike tonight. AFL local leaders urged approval though offering no recommendation. The company operates in North Carolina and neighboring states with a contract that expired at midnight September.
MENTIONED IN THIS ARTICLE
Raleigh
Carolina Coach Co
AFL
Carolina Coach
North Carolina
Virginia
Maryland
Delaware
Pennsylvania
Sidney Williams
President Eisenhower suffers heart attack moderate in severity
The bulletin notes President Dwight D. Eisenhower's heart attack as moderate, with his condition described as satisfactory. Dr. White and a panel report he ate oatmeal at noon and is resting comfortably, while Maj. John Eisenhower arrives from Fort Belvoir. Mrs. Doud visits hospital but does not see him immediately.
MENTIONED IN THIS ARTICLE
Deud
Dr. White
Boston
John Eisenhower
Ft.Belvoir
Reynolds-Fisher Marriage Reported For Tonight
New York reports Debbie Reynolds and Eddie Fisher will marry tonight at Grossinger’s Catskills resort where they are staying. Authorities could not confirm details and Fisher's manager had no comment as insiders suggested the union is imminent.
MENTIONED IN THIS ARTICLE
New York
Debbie Reynolds
Eddie Fisher
New York Daily News
New York Daily Mirror
Fisher
Miss Reynolds
Grossinger
Jap Leaders Message Ike
Tokyo Prime Minister Ichiro Hatoyama sent a message to President Eisenhower expressing prayers for his quick recovery and noting distress over the illness news Emperor Hirohito also sent a message to the President.
MENTIONED IN THIS ARTICLE
Tokyo
Ichiro Hatoyama
Eisenhower
New Hemorrhoid Remedy Sutherine Put On Market
A promising new ointment Sutherine is marketed after two years of use by Dr. Holly of North Carolina who reports it provides notable relief for hemorrhoids including reduced itching and pain and often stops bleeding.
MENTIONED IN THIS ARTICLE
Holly
N. C
Yugoslav Foreign Secretary Proposes No Armament Increase
Slav delegate Koca Popovic urged the United Nations General Assembly to avoid increases in armaments until a disarmament plan is agreed. He cited improved world conditions and noted Yugoslavia’s Belgrade summit ties with the Soviet Union, Greece, and Turkey as contributors to reduced tension and a shift from military to political coexistence.
MENTIONED IN THIS ARTICLE
United Nations
N.Y
Koca Popovic
U.N. General Assembly
Yugolavia
Soviet Union
Popovich
Belgrade
Balkans
Greece
Turkey
Baptists Open Meet Begins in Lexington Next Tuesday
Messengers from 34 churches in the Liberty Baptist Association gather at Jersey Baptist Church for the 123rd annual session. The program includes reports from association officers and boards, and addresses by Dr. Earle Bradley and Dr. I G Greer with Dr. Frank Powell delivering the closing sermon. First Baptist Church hosts events with mission emphasis Wednesday afternoon led by Dr G Frank Garrison.
MENTIONED IN THIS ARTICLE
Lexington
Liberty Baptist Association
Jersey Baptist Church
Robert S. Harrell
North Carolina
Baptist Brotherhood
WMU
Training Union
Earle Bradley
Raleigh
I. G. Greer
Chapel Hill
Sallie McCracken
Mills
First Baptist Church
Frank Powell
G. Frank Garrison
Atlanta
Home Mission Board
The
Southern Baptist Convention
BC Headache Tablets and Powders Ad Teaser
An old advertisement touts BC Headache Tablets and Powders as fast acting relief for nerve-racking headaches neuralgic pains and minor aches. It promotes multi-ingredient effectiveness and mentions price points 10c 25c and larger bottles of 50 and 100 tablets.
Also Mentioned on This Page
Peeenee
Eeer
Sone
Geeer
Seer
Glyn W. Bowman
Washington and
N. Main Sts
Millard O. Grier
Leonard St
Traffic Club
Carolina
High Point Merchants
Lee W. Boswell
Reynolds-Fisher
Home Center
Tiner Monark
DuPont Tentine
Monark Shade Co
N. Main
Blue Cross
Wright
U.N
Baptists
By Marie Grant
York Rite Masons
Masonic Temple Grand
WM. N. Harper
Thos. R. Easterling
WM. H. Elder
ALL York Rite Masons
Culler's
S.M.L
Mother's
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